26 January 2015
In A deal That Include "Lays Potato Chips" And Many Other Brands

Kuwait - Bustan Al-Wataniya (BW) - a leading distributor of Fast Moving Consumer Goods (FMCG) in Kuwait and a subsidiary of Towell International Holding, has announced signing an agreement that stipulates selling the distribution rights of a range of food products owned by Saudi Snack Foods Co. Limited (SSFL) to United Beverage Company; The concessionaire for manufacturing and refilling products of Pepsi-Cola International. The food products include Lays potato chips and other well-established brands such as: Cheetos, Doritos, Quavers, Twistos, Sunbites, Tasali, and Quaker.

The agreement has been officiated during a ceremony held in JW Marriott Hotel, in Kuwait.  In the presence of the General Manager of United Beverage Company, Faisal AL-Eidan. Along with Nadim Nakfoor and Naoufel Jellal the representatives of the Saudi Snack Foods Co. Limited; a subsidiary of PepsiCo.
 
In this regards, The Vice Chairman of Bustan Al-Wataniya Mohammed T. Bin Sultan stated: "We are proud of this prosperous agreement, it was done seamlessly with the consent of all parties involved. The agreement serves the interest of all parties concerned, as it was mutually agreed upon. "

Bin Sultan also praised the continuous effort of the General Manager of Bustan Al-Wataniya Mohammed Al-Arabi Al-Azzouzi, and all the company's staff for their effort and contribution in sealing the deal.

Bin Sultan expressed his gratitude to Saudi Snack Foods Co. Limited for the fruitful collaboration and support to Bustan Al-Wataniya throughout the past 14 years. And concluded with wishing United Beverage Company a resounding success with the new distribution deal.

-Ends-

About Bustan Al-Wataniya
Bustan Al-Wataniya Company has been operating in Kuwait since 1988 as a part of Towell International Holding that was established in 1866 in Oman. Where the company started its commercial activities with the distribution of tobacco products for one of the top five global tobacco companies. In 2011 Bustan Al-Wataniya increased its portfolio of food products by importing leading brands from worldwide.

For more information visit http://www.bwtrd.com

© Press Release 2015